Nifty Midcap index has surged 55.5% in last 12 months compared to Nifty s 22.3% gain. Experts caution against market froth in broader markets due to massive run-up. With election results approaching, largecaps could benefit from policy certainty post elections, attracting foreign investors.
Indian shares struggled
for direction on Wednesday, as investors avoided large bets due
to uncertainty around the outcome of local general elections and
ahead of the Federal Reserve minutes due later.
International Business: Indian shares muted gdnonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gdnonline.com Daily Mail and Mail on Sunday newspapers.
Siddharth Oberoi, Founder of Prudent Equity, says irrespective of the poll outcome, certain sectors that have consistently outperformed regardless of political factors will offer buying opportunities
AIFs are regulated by the Securities and Exchange Board of India (SEBI) and can be formed as a trust, company, or Limited Liability Partnership (LLP). The minimum investment for an investor in an AIF is Rs. 1 crore.